Software Royalties definition

Software Royalties are payments made on a periodic basis by Licensee to Grand Virtual for the right to continue using the Software as permitted by the license granted in this Agreement.

Examples of Software Royalties in a sentence

  • IML will record all data relevant to the determination of Software Royalties from Licensee’s databases by means of utilities included in the Software.

  • GVA and Licensee entered into an Amendment agreement on January 1, 2005 (▇▇▇▇-010404-First Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software and to delete in its entirety and replace Section 6.3 of the End User License Agreement.

  • Spider shall pay to Intek a royalty in the amount of four percent (4%) of Spider's Net Revenues generated from Spider's distribution and licensing of the Software and Developed Software ("Royalties") up to an aggregate amount of one million four hundred and fifty thousand dollars ($1,450,000), together with eight percent (8%) interest thereon per year (or portion thereof) during which any portion of such aggregate amount remains outstanding ("Aggregate Royalties").

  • HVT shall pay Service Royalties, Software Royalties, Key Royalties, and Other Royalties, unless iPIX has materially breached this Agreement after 60 days written notice by HVT specifying such breach, in which case such royalties may be offset to the extent HVT was damaged by such breach.

  • IML and Licensee entered into an Amendment agreement on March 1, 2006 (▇▇▇▇-010404-Second Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software.

  • GVA and Licensee entered into an Amendment agreement on March 1, 2006 (E▇▇▇-010404-Second Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software.

  • In the event HVT distributes products or services utilizing Licensed Technology which products or services are not contemplated under Service Royalties, Software Royalties or Key Royalties ("Other Products and Services"), then the Parties will negotiate in good faith appropriate royalties for such Other Products and Services using the royalties in this Article 7 as guidelines ("Other Royalties").

  • GVA and Licensee entered into an Amendment agreement on January 1, 2005 (E▇▇▇-010404-First Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software and to delete in its entirety and replace Section 6.3 of the End User License Agreement.

  • IML and Licensee entered into an Amendment agreement on March 1, 2008 (▇▇▇▇-010404-Fourth Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software.

  • GVA and Licensee entered into an Amendment agreement on March 1, 2006 (▇▇▇▇-010404-Second Amendment), to amend Schedule B, for Software Royalties fees associated with Grand Virtual’s multi-player game software.

Related to Software Royalties

  • Sublicense Fees shall have the meaning set forth in Section 7.6 below.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.